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POSCO begins construction of S Korea’s first lithium hydroxide plant

Green Car Congress

POSCO Pilbara Lithium Solution, a wholly-owned subsidiary of POSCO Holdings, will be responsible for the financing, construction, and operation of the plant. The subsequent production of lithium hydroxide will take place in South Korea. Earlier post.) POSCO developed its own extraction technology for lithium in 2010.

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Aqua Metals and Yulho form strategic partnership for sustainable lithium battery recycling in S Korea

Green Car Congress

a storage solution and battery materials company based in South Korea. We believe our recently announced public equity raise, alongside our strategic financing and proposed partnership with Yulho, signifies a transformative moment for Aqua Metals. For the equity investment, Yulho has agreed to the purchase of approximately 4.5

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Silicon battery technology company Group14 closes additional $214M for $614M Series C funding round

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Group14 Technologies, a global manufacturer and supplier of advanced silicon battery technology, raised $214 million in additional financing from a consortium including Microsoft’s Climate Innovation Fund, Lightrock Climate Impact Fund, Moore Strategic Ventures, Oman Investment Authority, and Molicel. Earlier post.)

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Vulcan Energy signs binding offtake agreement with LG Energy for lithium hydroxide

Green Car Congress

Vulcan Energy Resources, the company developing Zero Carbon Lithium projects to produce both renewable geothermal energy and lithium hydroxide for electric vehicles from the same deep brine source in the Upper Rhine Valley, Germany, has signed a binding lithium hydroxide offtake agreement with LG Energy Solution (LGES).

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Group14 raises $400M in Series C; Porsche leads with $100M

Green Car Congress

—Lutz Meschke, deputy chairman and member of the executive board of Finance and IT at Porsche AG. Cellforce Group is set to produce high-performance lithium-silicon battery cells in South Germany beginning in 2024 to be installed in electrically powered Porsche models.

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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

Green Car Congress

The plant will feature SGH2’s technology, which will gasify recycled mixed paper waste to produce green hydrogen that reduces carbon emissions by two to three times more than green hydrogen produced using electrolysis and renewable energy, and is five to seven times cheaper.

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The Case for Nuclear Cargo Ships

Cars That Think

The shipping industry has been trying to cut its carbon emissions for years, and with little to show for it. Nearly all of the world’s ship fleet still runs on diesel fuel, with about a quarter of new ships on order being built to run on somewhat lower-carbon alternatives like liquefied natural gas, methanol, or hybrid propulsion.